NOT LISTED FOR SALE

38588 Lion Way Palmdale, CA 93551

West Palmdale Neighborhood

Estimated Value: $695,000 - $768,000

4 Beds
4 Baths
3,549 Sq Ft
$206/Sq Ft Est. Value

About This Home

This home is located at 38588 Lion Way, Palmdale, CA 93551 and is currently estimated at $729,566, approximately $205 per square foot. 38588 Lion Way is a home located in Los Angeles County with nearby schools including Ocotillo Elementary School, David G. Millen Intermediate, and Highland High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 14, 2021
Sold by
Cruz Nelson O
Bought by
Cruz Nelson O and Muniz Edelmira
Current Estimated Value
$729,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Outstanding Balance
$492,834
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$227,609

Purchase Details

Closed on
Oct 6, 2021
Sold by
Cruz Nelson O and Muniz Edelmira
Bought by
Cruz Nelson O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Outstanding Balance
$492,834
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$227,609

Purchase Details

Closed on
Aug 10, 2011
Sold by
Cruz Nelson O and Alfaro Juan Ascencio
Bought by
Cruz Nelson O and Muniz Edelmira

Purchase Details

Closed on
Apr 19, 2010
Sold by
Muniz Edelmira
Bought by
Cruz Nelson O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,385
Interest Rate
4.94%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 24, 2010
Sold by
Rms Residential Properties Llc
Bought by
Cruz Nelson O and Alfaro Juan Ascencio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,385
Interest Rate
4.94%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 25, 2009
Sold by
Formentera Chad
Bought by
Rms Residential Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,787
Interest Rate
4.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 10, 2007
Sold by
Formentera Chad
Bought by
Allen Lorilee F

Purchase Details

Closed on
Dec 5, 2006
Sold by
Formentera Arlene
Bought by
Formentera Chad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,780
Interest Rate
6.32%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Nov 3, 2006
Sold by
Kb Home Greater Los Angeles Inc
Bought by
Formentera Chad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,780
Interest Rate
6.32%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cruz Nelson O -- Fidelity National Title Co
Cruz Nelson O -- Fidelity National Title Co
Cruz Nelson O -- Fidelity National Title Co
Cruz Nelson O -- None Available
Cruz Nelson O -- California Title Company
Cruz Nelson O $310,000 California Title Company
Rms Residential Properties Llc $297,787 Accommodation
Allen Lorilee F -- None Available
Formentera Chad -- First American Title Ins Co
Formentera Chad $509,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cruz Nelson O $528,000
Previous Owner Cruz Nelson O $304,385
Previous Owner Rms Residential Properties Llc $297,787
Previous Owner Formentera Chad $101,780
Previous Owner Formentera Chad $407,120
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,593 $372,848 $74,627 $298,221
2023 $7,455 $365,538 $73,164 $292,374
2022 $7,210 $358,372 $71,730 $286,642
2021 $7,046 $351,346 $70,324 $281,022
2019 $6,846 $340,927 $68,239 $272,688
2018 $6,722 $334,243 $66,901 $267,342
2016 $6,248 $321,265 $64,304 $256,961
2015 $6,178 $316,441 $63,339 $253,102
2014 $6,074 $310,244 $62,099 $248,145
Source: Public Records

Map

California Los Angeles County Palmdale 93551 West Palmdale

38588 Lion Way, Palmdale, CA

This home is located at 38588 Lion Way, Palmdale, CA 93551 and is currently estimated at $729,566, approximately $205 per square foot. 38588 Lion Way is a home located in Los Angeles County with nearby schools including Ocotillo Elementary School, David G. Millen Intermediate, and Highland High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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